Just a quick thought about US attack on Iran. A prolonged aggression against Iran will cause a closure of the Strait of Hormuz. Consequently, this could send crude oil to $ 130 a barrel, revive inflaction and force central banks to raise interests rates despite slowing economic growth.
In the meanwhile, on the climate front, the weather is too hot on the 1st of August here down on 42nd parallel. Unfortunately, the humidity level is high too.
I've noticed a fast reproduction of algae. Hot weather causes algae to rapidly multiply because warm water, high sunlight and stagnant conditions create ideal growth speeds.

